Rachel Elfman

Rachel Elfman is an equity analyst for Morningstar Research Services, a wholly owned subsidiary of Morningstar, Inc. She covers contract research organizations and biotechnology stocks.

Before joining Morningstar in 2018, Elfman held multiple finance internships within private equity, wealth management, and institutional development. Upon joining Morningstar, she worked as a financial product support representative before transitioning to the Equity Research Department in March 2019. Prior to assuming the equity analyst role in 2021, Elfman was an associate equity analyst covering the cannabis industry.

Elfman holds a bachelor's degree in economics from Denison University.